Monday, August 23, 2010

FingerTec Bringing Malaysia To The World

There is a television ad going on in Malaysia right now where a lady was torn between a locally made product and an oversea made product sold at the same price. When feeling the local product, her recollection of childhood’s memory came flashing back and she ended up buying it; the product/brand was sentimental to her. Both my husband and I rolled our eyes in disbelief. It’s a bit pretentious, isn’t it?

AirAsia is always preferred by many because of its pricing strategy

Between a renowned world brand and a locally made brand similarly priced, no way we are going to choose a local brand, unless it is also a renowned world brand. And I believe majorities of people are on my side. It’s not about me being less patriotic or I have lack of nationalism, it is simply about brand value.
Renowned international brands are preferred because of their higher brand values. Between a Proton and a Honda, the only factor that drives consumers to choose the former is the price. If both are offered at the same price, I doubt anybody would go for the former. It’s nothing to do with loving the country less, as a consumer we are just being sensible and looking for the most value for our money. Royal Selangor, AirAsia, Secret Recipe, Maggi, Stage Makeup are all good international brands and they are local brands as well, and consumers would be willing to pay extra for the experience, wouldn't they?
What separates a good brand and a substandard one? Quality. Customer experience. Appeal. Prestige. Presumed or not. It doesn’t matter where the products are made of as long as the brands fulfill the expectation of the consumers. Good brands usually do. A lot of Nike’s products are made in Malaysia but Nike is not a Malaysian brand. There are a lot of clothing lines made in Bangladesh but certainly not the brands originated from Bangladesh.
FingerTec is a local brand but we aim to play at the international platform and indeed we are thriving around the world. We don’t beg that consumer purchase our products just because we are Malaysian product; we want that decision be made based on the fact that our products fulfill what they desire as a consumer. And we are certainly proud to be a Malaysian brand that’s making its mark around the world.
Exactly one week from now the nation will celebrate its 53th year of Independence. We have come so far since 1957 and I believe that the nation has the capacity to go even further with the right plan, determination and attitude. Happy Birthday My Malaysia. I heart you.

Jalur Gemilang is the nation's beautiful flag

by Norana Johar, COO, FingerTec HQ